CRGO is holding up well, even with dilution underway. This will hit 5 cents short term. Earnings report expected Monday. This is already up 30% today. I've got my money in CRGO. Will profit nicely. Look at the charts.
UCAP was the MM doling out diluted shares. They are not even on the Level II radar anymore. Looks like dilution has ceased. CRGO will at least triple from here. They have a solid company with 80 employees and expect 20M in revenues this year. Their market cap is 15M? Get real!!! Pleaes do your own DD. This stock is a winner.
CRGO didn't even touch the 200, but it did close above the 100 for the second day in a row, even with the selling. It didn't quite make it down 50% of the previous day's run and .002 should hold nicely. May rest here before a true test/break of the 200.
CRGO has now got a good base of 2.3 cents. I tried telling people to get in at 1.6 cents. This will hit 5 cents - IMO. Do your own DD. This is a REAL company with expected 2005 revs of 20M!!
Their "peak season" is just about to begin and they have some very lucrative contracts under their belt. Also, they're looking to acquire 4 other companys to add to the bottom line. The future's so bright, I gotsta wear shades.
Quoted Text
Posted by: penny_ta In reply to: None Date:8/22/2005 8:26:45 PM Post #of 368227
CRGO Projected Year Revenue: $22 million.
Revenue = 40% in first 2/3 of year, 60% in last 1/3. 2/3 = 8 months.
We are on pace for $1.1 million/month in first 8 months =$8.8 million = 40% of yearly revenue.
$8.8 / 0.40 = $22 million for the year.
See also:
Quoted Text
Posted by: Tanail In reply to: penny_ta who wrote msg# 543 Date:8/22/2005 8:35:52 PM Post #of 549
yup ! 22.5 million by my calculation
also :
for the second quater ( and this should be about the same for every quater even with larger revenue)
Direct operating expenses = 2,561,660 Total indirect operating expenses = 1,762,526 ---------------------------------------------------- total quaterly expenses = 4,324,186
*4 quaters = 17,296,744
revenue = 22,500,000 -------------------------------------------------------- net profit = $5,203,256 !!!!!!!
at a P/E of 15 that makes a share price of $0.156
plus this is a growth company, looking to aquire four other businesses !!
KAAAAABOOOOOOOOOOOMMMMMM !!!!!!!!!!!!!
(mod note: I didn't do the all caps pump, the person I quoted did. Ha!)
Well, how about the 100dma instead? That's where CRGO is holding. I'd like to say today was a reversal doji, but it's the wrong color. It should hold here, but if it doesn't, I'll be looking for a bounce off the 50dma.
Apparently, there's still some shares "unaccounted for" that will need to be digested.
hi all just got into crgo the other day we had a little bit of a down day today i beleive that the main reason is people taking some money off from the table after running flat for a little while. imho this company has huge upside to it and the last pr shows that this company is for real.i think that i will be picking more as we stay in this range. glta bmax,
INWOOD, N.Y.--(BUSINESS WIRE)--Jan. 30, 2006--Cargo Connection Logistics Holding, Inc. (OTCBB:CRGO - News) today announced that, in anticipation of what it believes will be significant new business from its China/Pacific Rim initiative, it has entered into a joint-venture agreement with American River International, Ltd. ADVERTISEMENT
The Memorandum of Understanding between the two firms will provide Cargo Connection Logistics with all of the required international licenses and certifications that will be necessary to service the business. It will also provide the company with customs brokerage service in the event their customers are not currently utilizing a U.S. Customs Broker. American River Logistics is also CTPAT certified.
American River International Ltd. Is an international and domestic freight forwarding company with a network of agents throughout the United States and around the world. The company, which is headquartered in New York, has facilities in New Jersey, Illinois, Tennessee, Florida and California.
"Aside from providing additional backbone and support for our very aggressive approach to new business in China and the Pacific Rim, this joint venture also takes our company into the third party logistics business," said Jesse Dobrinsky, President and CEO of Cargo Connection Logistics Holdings, Inc. "What's particularly gratifying is that we are very comfortable with American River Logistics. We have worked closely with the management of American River Logistics for the past 12 years. So while this is a new joint venture, the relationship has been in place for years."
Cargo Connection Logistics recently announced the opening of a 20,000 sq. ft. facility in San Jose, California to accommodate anticipated new business from China and the Pacific Rim. That center is the first of three planned facilities in the Bay Area that will facilitate its expansion of business in and out of Asia. The company is also currently negotiating the opening of offices in China, Vietnam and Singapore.
"We're extremely impressed with Cargo's efforts to expand its business in China and the Pacific Rim," said Rich Forte, managing director of American River International. "They have a clearly defined and highly executable plan and the combined expertise of our two companies will provide a level of support required to bring those plans to fruition."
Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Mid-Coast Management, Inc., which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, Charlotte, Chicago, Columbus, Miami, New York and Pittsburgh. The companies provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. Currently the two companies have a total of 88 employees.
About Cargo Connection Logistics Corp./Mid-Coast Management, Inc.
Cargo Connection Logistics Corp. is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, especially through the Gateways of Chicago, Illinois; JFK, New York; Miami, Florida or Atlanta, Georgia, with service areas throughout the United States and North America. Mid-Coast Management, Inc. is a container freight station specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. Since its inception, Mid-Coast Management, Inc. has developed relationships with many retailers and also works with Freight Forwarders from around the world.
INWOOD, N.Y.--(BUSINESS WIRE)--Jan. 30, 2006--Cargo Connection Logistics Holding, Inc. (OTCBB:CRGO - News) today announced that, in anticipation of what it believes will be significant new business from its China/Pacific Rim initiative, it has entered into a joint-venture agreement with American River International, Ltd. ADVERTISEMENT
The Memorandum of Understanding between the two firms will provide Cargo Connection Logistics with all of the required international licenses and certifications that will be necessary to service the business. It will also provide the company with customs brokerage service in the event their customers are not currently utilizing a U.S. Customs Broker. American River Logistics is also CTPAT certified.
American River International Ltd. Is an international and domestic freight forwarding company with a network of agents throughout the United States and around the world. The company, which is headquartered in New York, has facilities in New Jersey, Illinois, Tennessee, Florida and California.
"Aside from providing additional backbone and support for our very aggressive approach to new business in China and the Pacific Rim, this joint venture also takes our company into the third party logistics business," said Jesse Dobrinsky, President and CEO of Cargo Connection Logistics Holdings, Inc. "What's particularly gratifying is that we are very comfortable with American River Logistics. We have worked closely with the management of American River Logistics for the past 12 years. So while this is a new joint venture, the relationship has been in place for years."
Cargo Connection Logistics recently announced the opening of a 20,000 sq. ft. facility in San Jose, California to accommodate anticipated new business from China and the Pacific Rim. That center is the first of three planned facilities in the Bay Area that will facilitate its expansion of business in and out of Asia. The company is also currently negotiating the opening of offices in China, Vietnam and Singapore.
"We're extremely impressed with Cargo's efforts to expand its business in China and the Pacific Rim," said Rich Forte, managing director of American River International. "They have a clearly defined and highly executable plan and the combined expertise of our two companies will provide a level of support required to bring those plans to fruition."
Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Mid-Coast Management, Inc., which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, Charlotte, Chicago, Columbus, Miami, New York and Pittsburgh. The companies provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. Currently the two companies have a total of 88 employees.
About Cargo Connection Logistics Corp./Mid-Coast Management, Inc.
Cargo Connection Logistics Corp. is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, especially through the Gateways of Chicago, Illinois; JFK, New York; Miami, Florida or Atlanta, Georgia, with service areas throughout the United States and North America. Mid-Coast Management, Inc. is a container freight station specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. Since its inception, Mid-Coast Management, Inc. has developed relationships with many retailers and also works with Freight Forwarders from around the world.
xantibann,
Even the future of this combany looks kind of it will be successful, but IMO , still be carful for now,
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